financetom
Business
financetom
/
Business
/
Tesla executive, Elon Musk confidant leaves EV maker, source says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Tesla executive, Elon Musk confidant leaves EV maker, source says
Jun 26, 2025 9:13 AM

(Reuters) -Tesla executive and a confidant of CEO Elon Musk, Omead Ashfar, has left the company, according to a person familiar with the matter.

Ashfar, who was part of the CEO's office at Tesla, had started overseeing sales and manufacturing operations in Europe and North America last year.

Demand in both regions has softened, partly due to a backlash surrounding Musk's growing political involvement.

Tesla and Musk did not immediately respond to Reuters requests for comment, while emails to Ashfar were not delivered.

(Reporting by Akash Sriram in Bengaluru and Alexandra Ulmer in Washington; Editing by Shinjini Ganguli)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Summit Midstream Partners' Subsidiaries Launch Cash Tender Offer For 2026 Notes
Summit Midstream Partners' Subsidiaries Launch Cash Tender Offer For 2026 Notes
Mar 27, 2024
05:37 PM EDT, 03/27/2024 (MT Newswires) -- Summit Midstream Partners ( SMLP ) said late Wednesday that two subsidiaries are starting a cash tender offer to purchase up to about $19.3 million of their 8.5% senior secured second lien notes due 2026 at 100% of the principal amount. The tender offer from Summit Midstream Holdings and Summit Midstream Finance will...
Zoomcar Forms Partnership With ACKO Drive -- Shares Rise After Hours
Zoomcar Forms Partnership With ACKO Drive -- Shares Rise After Hours
Mar 27, 2024
05:38 PM EDT, 03/27/2024 (MT Newswires) -- Zoomcar ( ZCAR ) , a car sharing marketplace, said late Wednesday it formed a partnership with car-buying platform ACKO Drive, allowing Zoomcar ( ZCAR ) hosts in India to grow their car fleet. ACKO is offering Zoomcar ( ZCAR ) hosts savings of up to 85,000 Indian rupees ($1,020) on new car...
Walmart to Refile Vizio Holding Merger Notification for Longer US FTC, DOJ Antitrust Review
Walmart to Refile Vizio Holding Merger Notification for Longer US FTC, DOJ Antitrust Review
Mar 27, 2024
05:42 PM EDT, 03/27/2024 (MT Newswires) -- Vizio Holding ( VZIO ) said Wednesday that Walmart ( WMT ) told the US Federal Trade Commission and the Department of Justice it will voluntarily withdraw and refile the Hart-Scott-Rodino notification to give the agencies more time to review the proposed buyout of Vizio ( VZIO ) by Walmart ( WMT )....
U-BX Technology Prices $10 Million Initial Public Offering
U-BX Technology Prices $10 Million Initial Public Offering
Mar 27, 2024
05:42 PM EDT, 03/27/2024 (MT Newswires) -- U-BX Technology ( UBXG ) said Wednesday it priced the initial public offering of 2 million shares at $5 a piece. The company expects to raise $10 million in gross proceeds from the IPO. The company has granted the underwriter a 45-day option to buy up to an additional 300,000 shares. The shares...
Copyright 2023-2026 - www.financetom.com All Rights Reserved